COVID-19 Economic Relief Plan

1.1. Provide Monetary Stimulus ................................................................................................................... 6 Goal 2: Ease the Impact on the Private Sector through Improvements to Investment, Trade & Banking Sectors ......................................................................................................................... 6

2.1. Ease the Impact on Private Sector Firms ............................................................................................... 6

2.2. Ease the Strains in the Banking Sector .................................................................................................. 8

2.3. Promote Investment ............................................................................................................................. 8

2.4. Promote International Trade................................................................................................................. 8 Goal 3: Easing the Impact on Labourers & Workers .................................................................... 9

3.1. Ease the Impact on Labourers/Workers ................................................................................................ 9 Goal 4: Easing the Impact on Households ................................................................................... 9

4.1. Ease the Impact on Households ............................................................................................................ 9 Goal 5: Promoting Innovative Products & Platforms .................................................................. 9

5.1. Promote Innovative Products ................................................................................................................ 9 Goal 6: Healthcare Systems Strengthening ............................................................................... 10 6.1. Promote Healthcare System through Increased Government Spending & Regulatory Reform ......... 10 Goal 7: Increase Access to COVID-19 Response Financing (Including Contingency Funds) ......... 11

7.1. Increase the COVID-19 Fund and Contingency Fund........................................................................... 11 Implementation, Monitoring & Resourcing ...................................................................... 12 2 Foreword For the first time in our nation’s history, our people are faced with an invisible threat to both life and livelihood. The current COVID-19 pandemic will have dire consequences for both global growth and prosperity, and thus poses unprecedented health and economic challenges to Myanmar. No part of our economy may be considered to be immune. While we must come together in the fight against COVID-19 our past offers us no blueprint for the future. Our collective response must be both comprehensive and well-coordinated. I draw strength from the knowledge that both our public and private sector will rise to this new challenge, sustained by, and working in partnership with, individuals and communities, both regional and international. This COVID-19 Economic Relief Plan seeks to mitigate the inevitable economic impact posed by COVID-19 while establishing foundations that will facilitate Myanmar’s rapid economic recovery, using all available policy instruments to the fullest possible extent, and as part of a coordinated whole-of-nation response. This Economic Relief Plan balances the needs of all stakeholders while leaving no-one behind. The significance of COVID-19 induced tax revenue shortfalls cannot be downplayed, with anticipated revenue underperformance requiring reallocations of government spending to create space for COVID-19-related outlays, and policies. However, such reallocations shall not come at the expense of hard-fought-for fundamental social and economic freedoms now enjoyed in Myanmar. Nor shall our nation’s economic response involve cutting down our social services or increasing taxes on labour and investment. Make no mistake, COVID-19 has cast its long shadow across our country, our economy and our people. Yet, by acting now, decisively, we can ease the economic burden faced by individuals and households, strengthen the capacity of our frontline healthcare workers – our nation’s new heroes – and shore up our nation’s macroeconomic position so that, once this is over, we will be ready to face the future from a position of strength. As has so often been the case throughout our nation’s proud history, in trying times we have to rely on the strength and fortitude of our people. We are all in this together. For a time at least, we must be willing to bear one another’s burdens. I am confident that with a shared national spirit, compassion, industriousness and ingenuity, Myanmar will triumph. Daw Aung San Suu Kyi State Counsellor 3 Acronyms ADB Asian Development Bank AMC Asset Management Company BOT Build-Operate-Transfer CERP COVID-19 Economic Relief Plan CMP Cut-Make-Pack COVID-19 Coronavirus Disease 2019 DACU Development Assistance Coordination Unit G2P Government-to-People GAD General Administration Department GoM Government of Myanmar ICU Intensive Care Unit IMF International Monetary Fund IRD Internal Revenue Department JICA Japanese International Cooperation Agency KOICA Korean International Cooperation Agency MADB Myanmar Agricultural Development Bank MCCT Maternal and Child Cash Transfer MEB Myanma Economic Bank MFI Microfinance Institution MIFER Ministry of Investment and Foreign Economic Relations MoALI Ministry of Agriculture, Livestock and Irrigation MoCOM Ministry of Commerce MoCON Ministry of Construction MoE Ministry of Education MoEE Ministry of Electricity and Energy MoHS Ministry of Health and Sports MoHT Ministry of Hotels and Tourism MoLIP Ministry of Labor, Immigration and Population MoPFI Ministry of Planning, Finance and Industry MoSWRR Ministry of Social Welfare, Relief and Resettlement MSDP Myanmar Sustainable Development Plan MSME Micro-, Small- and Medium-Sized Enterprises NPL Non-Performing Loan PPE Personal Protective Equipment PPP Public-Private Partnership SSB Social Security Board UN United Nations USAID United States Agency for International Development WHO World Health Organisation 4 Overview & Structure The COVID-19 pandemic has triggered off the biggest downturn in the global economy since the Great Depression of the 1930s. Millions of people around the world have lost jobs, public finances have come under immense strain, financial markets have teetered between complacency and crisis, while flows of trade, investment, and people have been severed. Policy countermeasures that emerged in the face of profound uncertainty have been confused, but also inspiring in their creativity. Myanmar has not, and will not, escape the economic consequences of COVID-19. Already we have felt its impact: disrupted supply chain and trade flows, falls in retail and discretionary spending, a near cessation of tourism, and an understandable slump in consumer and investment sentiment broadly. In the face of this, the people of Myanmar have been characteristically brave and resilient, but there is also much that their Government can and will do. Measures must be taken not just to ameliorate the current external crisis, but to create durable mechanisms and institutions that will propel us towards the kind of economy our people need and deserve. This COVID-19 Economic Relief Plan (CERP) is, accordingly, designed to meet the current exigencies Myanmar faces in ways that reaffirm our long-term strategic direction. It consists of policies and proposals that are as realistic and implementable as they are bold and hopeful. The CERP also carefully matches intentions to resources. Myanmar’s strong debt position and stable macro-economy of recent years mean that we are well-placed to meet much of the increased spending we need. Nevertheless, the CERP is scrupulous in matching outlays with financing, whether this is via innovative private-sector partnerships, or through arrangements with multilateral financial institutions and other development partners. The CERP contains measures to mitigate the range of COVID-19 effects on our economy while leaving us in a position to bounce back to strong economic growth as soon as possible. We believe our CERP is well-crafted and that Myanmar has the resilience and resources necessary not only to surmount the pandemic, but to come out the other side of it stronger and more resolved than ever to keep firmly to our path of progress and hope. This CERP consists of 7 Goals, 10 Strategies, 36 Action Plans and 78 Actions, covering a broad range of extraordinary fiscal measures, combined with a set of human-focused and common- sense policy responses. We could say that our CERP seeks to flatten the curve without flattening our economy. The Covid-19 pandemic remains an on-going global crisis. Accordingly, this CERP must also remain as a living document, revised constantly as circumstances and events demand. 5 Action Matrix Action Plans Timeline Responsible Entity Goal 1: Improve Macroeconomic Environment through Monetary Stimulus 1.1. Provide Monetary Stimulus

1.1.1. Lower Interest (a) Lower banks’ deposit and lending Done CBM Rates rate ceilings by 3.0% (b) Allow the band around the reference Done CBM rate to align more with market conditions

1.1.2. Lower (a) Lower Minimum Reserve Done CBM Minimum Reserve Requirement on banks by at least 150 Requirement on bps Banks

1.1.3. Conduct Credit (a) Conduct credit auctions as necessary, Immediate CBM Auctions to inject more liquidity into the banking and financial sector

1.1.4. Allow increased (a) As a Covid-19 measure, allow the End of 2020 MoPFI, CBM Central Bank’s Central Bank’s financing of the fiscal Financing of the Fiscal deficit to increase as necessary up to a Deficit as a one-off suitable level consistent with a target measure growth in the money supply.

1.1.5. Reduce (a) Temporarily reduce Treasury Before end of MoPFI, CBM Treasury Bonds/Bills Bond/Bill auction sales (i.e. for fiscal 2020 Auctions deficit financing) to avoid contractionary effects as a COVID-19 specific response. Goal 2: Ease the Impact on the Private Sector through Improvements to Investment, Trade & Banking Sectors 2.1. Ease the Impact on Private Sector Firms

2.1.1. Low-Cost Funds (a) Provide MMK 100 billion 1-year Done Budget Department (Increased working capital loans to improve (MoPFI), Taskforce Government working capital of affected MSMEs, with Spending) a focus on MSME in the CMP and hotel/tourism sectors at 1% interest rate per annum (b) Ensure MFIs have full access to low- Immediate Financial Regulatory cost funding Department (MoPFI) (c) Increase Fund size to MMK 200-500 Before end of Budget Department billion depending on market response 2020 (MoPFI), Taskforce (d) Fast track the merger of the Before end of MoPFI MEB/MADB, and use the opportunity to 2020 expand existing pilot commercial lending programs to those townships that are most economically affected

2.1.2. Credit (a) Government guarantees 50% of any Before end of MoPFI Guarantee Schemes new loans made by banks to Myanmar 2020 enterprises (up to a turnover <MMK 1 billion) for working capital, that are not beneficiaries of Action Plan 2.1.1., and conditional upon maintenance or rehire of staff as employed on February 1, 2020 (b) Extend government guarantees to Before end of MoPFI firms, existing or new, in selected high- 2020 growth sectors of the economy but 6 Action Plans Timeline Responsible Entity whose progress is judged to have been impacted by COVID-19 and its effects

2.1.3. Tax/Fees (a) Defer Corporate Income Tax (Q2 Done IRD (MoPFI) Deferral or Waiver payments expiring on 31 March and Q3 (Fiscal Stimulus) payments expiring on 30 June) up to 30 September 2020 (b) Defer Commercial Tax (payable every Done IRD (MoPFI) three-months) up to 30 September 2020 (c) Waive the 2% Withholding Tax on Done IRD (MoPFI) exports (d) Waive annual fees charged by MoHT Done MoHT (e) Defer SSB contributions for three Done MoLIP months (f) Waive Specific Goods Tax for critical Immediate IRD (MoPFI) medical supplies and products related to the prevention, control and treatment of COVID-19 (g) Waive Customs Duties and Immediate Customs Department Commercial Tax related to the (MoPFI) importation of critical medical supplies and products related to the prevention, control and treatment of COVID-19 (h) Waive or reduce toll fees for cargo As soon as MoCON trucks on major roads/bridges practicable

2.1.4. Exempt Lease (a) Exempt lease fees charged to Immediate MoPFI Fees Charged to affected firms (that have leased state- Affected Firms owned factories for manufacturing, have made progress in their line of business, and have made regular payments in the past three months) for 3-6 months

2.1.5. Tax Credits (a) Provide 10% non-refundable tax As soon as IRD (MoPFI) (Fiscal Stimulus) credits on the incremental wage bill practicable (b) Allow for a deduction equal to 125% As soon as IRD (MoPFI) of wages paid practicable (c) Provide 10% non-refundable tax As soon as IRD (MoPFI) credits for incremental investments on practicable capital equipment (d) Allow for a one-time increase in As soon as IRD (MoPFI) depreciation equal to 125% of practicable depreciation for the current year

2.1.6. Loan (a) Allow banks to restructure and Done CBM Restructuring and reschedule existing loans extended to Rescheduling MSMEs that regularly pay interest and principal on a timely basis for a longer period (not more than 3 years)

2.1.7. Support to (a) Support COVID-19 communication Immediate MoALI Farmers, Small Agri- campaigns Processors, Seed (b) Cash or lending support to Immediate MoALI/MADB Farmers and Agri- smallholder farmers who have lost sales Businesses for revenue or remittance income to Planting and Income support input purchases in time for Retention monsoon planting (c) Complement support with advice on Before end of MoALI productivity enhancement and market 2020 connectivity 7 Action Plans Timeline Responsible Entity (d) Following the lifting of movement Before end of MoALI restrictions, establish rural cash-for- 2020 work programs 2.2. Ease the Strains in the Banking Sector

2.2.1 Policy Flexibility (a) Allow flexibility regarding capital Done CBM on Prudential requirement, large exposure and NPLs Controls up to 3 years.

2.2.2. Ease the (a) Establish an Asset Management As soon as MoPFI, CBM Impact of Possible Company through which potential NPLs practicable NPLs on Banks held by banks could be set aside for 5~7 years allowing banks some breathing space and contribute towards credit growth 2.3. Promote Investment

2.3.1. Expedite (a) Approve and disclose large private Immediate MIFER, MoPFI Investment Approval pipeline investments proposed and Process committed by reputable international firms (currently experiencing delays) through fast-track procedures

2.3.2. Expedite the (a) Expedite solicitation of renewable Before end of MoPFI, MoEE, Solicitation Process to energy projects after monitoring cost 2020 Develop Strategic PPP developments to assess the quality of Projects for Entry into available deals the Project Bank (b) Expedite solicitation of strategic Before end of MoPFI, MoEE, infrastructure projects 2020 MoCON

2.3.3. Call for (a) Call for investments via a simplified Before end of MoPFI Investments via a procurement process to manufacture 2020 Simplified key COVID-19 and/or medical-related Procurement Process products using currently vacant state- owned factories under the MoPFI

2.3.4. Prioritize (a) Review the existing public investment Immediate Budget Department Ready, High Impact portfolio and i) prioritize near-ready (MoPFI), Planning Public Investments projects to increase visible impact, ii) Department (MoPFI) (Expedite scale-up well-performing and high Government impact projects and iii) restructure/close Spending) non-performing projects/assets to free up resources (b) Prioritize a ready and high impact Immediate Budget Department public investment pipeline for recovery (MoPFI), Planning and resilience with a focus on Department (MoPFI) healthcare, key economic infrastructure and other strategic and ready projects listed within the Project Bank 2.4. Promote International Trade

2.4.1. Trade Financing (a) Establish an MMK 100 billion fund to Before end of MoPFI, Taskforce, designated commercial banks to 2020 CBM promote trade financing of any products

2.4.2. Facilitate (a) Expedite and facilitate the process for Immediate MoCOM, Customs Importation the importation of medical-related Department (MoPFI) Processes products for COVID-19 prevention, control and treatment (b) Waive import licensing and FDA Immediate MoCOM, MoHS requirements, as long as the products are FDA approved in another country 8 Action Plans Timeline Responsible Entity

2.4.3. Facilitate (a) Review all export applications, Immediate MoCOM Exportation licenses and permits, and remove those Processes that are not required to maintain market access or to protect health, safety and security (b) Facilitate rice exports to maintain Immediate MoCOM incentives for farmers to plant this planting season Goal 3: Easing the Impact on Labourers & Workers 3.1. Ease the Impact on Labourers/Workers

3.1.1. Labour Benefits (a) Extend healthcare benefits for Done MoLIP Extension unemployed SSB members from six months to 1 year from the date of unemployment (b) Extend medicine and travel benefits Done MoLIP from six months to 1 year from the date of unemployment

3.1.2. Implement (a) Implement labour-intensive Before end of MoPFI Labour-Intensive community infrastructure projects for 2020 Community those laid off, or returning migrants Infrastructure Projects Goal 4: Easing the Impact on Households 4.1. Ease the Impact on Households

4.1.1. Electricity Tariff (a) Exempt electricity tariffs for all Done MoEE Exemptions households (excluding embassies and international organizations) up to 150 units per month

4.1.2. Unconditional (a) Provide in-kind food transfers to Done GAD Cash and In-Kind vulnerable households and at-risk Transfer populations (b) Provide emergency rations through Done MoCOM community-based food banks and associations (c) Top-up benefits for MCCT and social Immediate MoSWRR pension beneficiaries (2-3 months), and consider reducing the age limit for the social pension (d) Cash transfers (to start with an Before end of MoPFI, GAD, appropriate amount) to most vulnerable 2020 MoSWRR and affected households including IDPs in the most vulnerable areas (through mobile financial services transfers)

4.1.3. Ease the (a) Negotiate with private financial Immediate CBM Liability Burdens on institutions to give more flexibility Households related to interest and mortgage payments for households that are most negatively affected by the COVID-19 pandemic Goal 5: Promoting Innovative Products & Platforms

5.1. Promote Innovative Products (a) Promote the use of available mobile Immediate CBM payment services (including, but not 9 Action Plans Timeline Responsible Entity

5.1.1. Promote the limited, to KBZ Pay, CB Pay, Wave use of Mobile Money, M Pitesan, OK Dollar, etc.). Financial Payments Henceforth, the GOM itself will use mobile payments whenever it is feasible. (b) Ensure e-commerce and social- Before end of MoCOM, MOTC commerce sales only accept electronic 2020 money through bank transfers or mobile payments or card payments

5.1.2. Promote the (a) Encourage retail businesses to make Immediate MoCOM, MOTC usage of e-Commerce use of existing local/overseas e- and Social-Commerce commerce or social-commerce websites Systems where they can post their products and sell online (b) Promote delivery/logistic firms to Immediate MoCOM, MOTC provide delivery services to online customers (c) Develop a central e-commerce Before end of MoCOM, MOTC website where retail businesses can post 2020 their products and sell online (d) Initiate a ‘Challenge Grant’ Before end of MoCOM, MOTC competition amongst Myanmar’s ICT/e- 2020 commerce community for innovative ideas to combat COVID-19 Goal 6: Healthcare Systems Strengthening

6.1. Promote Healthcare System through Increased Government Spending & Regulatory Reform (all action plans are designed to support the implementation of action plans under the Health Sector Contingency Plan)

6.1.1. Extend and (a) Immediately turn available Immediate MoHS, State and Improve Quarantine government premises into quarantine Region Governments Centres/Facilities centres/facilities (b) Recruit more medical staff and Immediate MoHS, State and volunteers to serve in quarantine Region Governments centres/facilities (c) Arrange regular disinfection of Immediate MoHS, State and quarantine centres/facilities Region Governments (d) Ensure provision of adequate Immediate MoHS, State and facilities, staff and equipment at Region Governments quarantine centres/facilities as practically as possible

6.1.2. Importation of (a) Immediately import required Immediate MoHS Key Medical Products medical-related products for COVID-19 prevention, control and treatment of COVID-19 (including but not limited to, masks, PPE, drugs, ventilators, ICU equipment, cardiovascular support tools, etc., from well-known suppliers (having no negative track record) without going through a lengthy procurement process

6.1.3. Improve (a) Establish hand-washing stations at Immediate MoHS, MOE, Preventive Measures convenient and accessible locations MoSWRR, State and Region Governments (b) Increase disinfection coverage areas Immediate MoHS, State and through the use of mobile disinfection Region Governments teams 10 Action Plans Timeline Responsible Entity (c) Establish mobile teams for Immediate MoHS, State and distribution of masks, and preventive Region Governments information pamphlets to the public (d) Establish mobile mass testing teams As soon as MoHS, State and to conduct mass testing as practically as practicable Region Governments possible (e) Improve waste/waste-water Before end of State and Region management, and drainage system 2020 Governments cleaning

6.1.4. Improve Health (a) Recruit and enhance skills of doctors, Before end of MoHS, Sector Human nurses, medical staff, healthcare 2020 Resource Capacity workers and volunteers (engaged on an emergency short-term basis) (b) Provide healthcare workers with Immediate MoHS adequate facilities and protective supplies and equipment as practically as possible

6.1.5. Upgrade (a) Upgrade existing laboratories based Before end of MoHS Existing Health on different priority levels 2020 Facilities (b) Upgrade existing hospitals and Before end of MoHS healthcare centres based on different 2020 priority levels as practically as possible (c) Ensure regular, stable electricity Before end of MoHS supply (including through 2020 provision/purchase of generators and fuel) for specialized medical (and associated) facilities handling COVID-19 affected patients in States and Regions where electrification levels are low (d) Ensure refrigeration for cold chain Before end of MoHS maintenance for vaccinations and 2020 special drugs Goal 7: Increase Access to COVID-19 Response Financing (Including Contingency Funds) 7.1. Increase the COVID-19 Fund and Contingency Fund

7.1.1. Budget (a) Cut the 2019-20 budget allocated to Already Started MoPFI Reallocation all government entities as much as practically possible up to 10% for reallocation to the COVID-19 Fund

7.1.2. Improve (a) Improve budget flexibility and Already Started MoPFI Budget Flexibility and responsiveness increasing the Budget Responsiveness Contingency Fund and improving flexibility in its rules and reporting (b) Modernize the budget reallocation Already Started MoPFI rules

7.1.3. Increase Access (a) Acquire significant increases in Already Started MoPFI, MIFER, DACU to COVID-19 Related external development finance in the Development form of grants and concessional loans to Financing finance CERP Action Plans and Myanmar's broader COVID-19 response 11 Implementation Monitoring Ensuring proper oversight of the funds will thus be critical not only to implement the stimulus packages effectively but also to enhance the transparency and accountability of the government. Therefore, Goals and Action Plans contained within this Economic Relief Plan must take place in a coordinated manner, with appropriate and sufficient oversight. The flow of information must be organized, timely and coherent. Monitoring Matrix Action Responsible Entity Indicator Plans # Goal 1: Improve Macroeconomic Environment through Monetary Stimulus

1.1. Provide Monetary Stimulus

1.1.1. (a) CBM Deposit and lending rates lowered by at least 1.5%

1.1.1. (b) CBM Banks allowed to set deposit and lending rates by themselves (within the band) based on their risk management

1.1.2. (a) CBM MRR lowered by at least 150 bps

1.1.3. (a) CBM Credit auctions started At least MMK 10 billion dispatched

1.1.4. (a) MoPFI, CBM CBM fiscal deficit financing increased

1.1.5. (a) MoPFI, CBM Treasury bills/bonds sale at auctions declined on a temporary basis Goal 2: Ease the Impact on the Private Sector through Improvements to Investment, Trade & Banking Sectors

2.1. Ease the Impact on Private Sector Firms

2.1.1. (a) Budget Department The amount of MMK 100 billion lent to the affected MSME before (MoPFI), Taskforce the year-end

2.1.1. (b) Financial Regulatory The amount as much as practicable is lent to MFIs as soon as Department (MoPFI) possible

2.1.1. (c) Budget Department Fund size increased by at least MMK 200 billion before the year-end (MoPFI), Taskforce

2.1.1. (d) MoPFI The two banks merged as much as practically possible by the year- end

2.1.2. (a) MoPFI At least 50% credit guarantees provided to new credits

2.1.2. (b) MoPFI Credit guarantee insurance started extending guarantees to firms

2.1.3. (a) IRD (MoPFI) Corporate income tax-deferred

2.1.3. (b) IRD (MoPFI) Commercial tax-deferred up to the year-end

2.1.3. (c) IRD (MoPFI) Withholding tax on exports waived up to the year-end

2.1.3. (d) MoHT Annual fees waived up to the year-end

2.1.3. (e) MoLIP SSB contributions deferred for three months

2.1.3. (f) IRD (MoPFI) Specific Goods Tax for critical medical products waived up to the year-end

2.1.3. (g) Customs Department Notification issued for waiving Customs duties and commercial tax (MoPFI)

2.1.3. (h) MoCON Toll fees for at least 3 major roads waived or reduced up to the year- end

2.1.4. (a) MoPFI Lease/rental fees exempted for at least 3 months

2.1.5. (a) IRD (MoPFI) 10% non-refundable tax credits on incremental wage bill provided to at least 100 companies based on their year-end audited statements

2.1.5. (b) IRD (MoPFI) Deduction allowed based on the year-end audited statements 12 Action Responsible Entity Indicator Plans #

2.1.5. (c) IRD (MoPFI) 10% non-refundable tax credits for incremental investments provided to at least 100 companies based on their year-end audited statements

2.1.5. (d) IRD (MoPFI) Depreciation equal to 125% permitted for at least 100 companies based on their year-end audited statements

2.1.6. (a) CBM Banks permitted to restructure and reschedule existing loans extended to MSME

2.1.7. (a) MoALI Communication support commenced

2.1.7. (b) MoALI/MADB Cash or lending support provided as much as practicable before the year-end

2.1.7. (c) MoALI Advisory support commenced

2.1.7. (d) MoALI Cash for work activities provided as much as practicable before the year-end

2.2. Ease the Strains in the Banking Sector

2.2.1 (a) CBM Instruction issued as soon as practicable

2.2.2. (a) MoPFI, CBM AMC Regulations issued as soon as practicable AMC established as soon as practicable

2.3. Promote Investment

2.3.1. (a) MIFER, MoPFI At least 5 big investments approved

2.3.2. (a) MoPFI, MoEE Procurement process for at least 5 projects started before the year- end

2.3.2. (b) MoPFI, MoEE, MoCON Procurement process for at least 5 projects started before the year- end

2.3.3. (a) MoPFI Investors allowed to manufacture medical-related products before the year-end

2.3.4. (a) Budget Department Prioritizing report submitted (MoPFI), Planning Department (MoPFI)

2.3.4. (b) Budget Department Prioritizing report submitted (MoPFI), Planning Department (MoPFI)

2.4. Promote International Trade

2.4.1. (a) MoPFI, Taskforce, CBM Trade financing provided as much as practicable before the year-end

2.4.2. (a) MoCOM, Customs The new SOP to fast-track import process is produced Department (MoPFI)

2.4.2. (b) MoCOM, MoHS Directive to waive import licensing and Directive to waive FDA requirement issued

2.4.3. (a) MoCOM The new SOP to fast-track export process is produced

2.4.3. (b) MoCOM Rice exports increased Goal 3: Easing the Impact on Labourers & Workers

3.1. Ease the Impact on Labourers/Workers

3.1.1. (a) MoLIP Healthcare benefits for unemployed SSB members extended

3.1.1. (b) MoLIP Medicine/travel benefits extended

3.1.2. (c) MoPFI Construction of labour-intensive community infrastructures started as much as practically possible before the year-end Goal 4: Easing the Impact on Households

4.1. Ease the Impact on Households

4.1.1. (a) MoEE Electricity tariff exempted

4.1.2. (a) GAD In-kind food transfer to vulnerable household started

4.1.2. (b) MoCOM The process of providing emergency rations started

4.1.2. (c) MoSWRR Benefits for MCCT topped up

4.1.2. (d) MoPFI, GAD, MoSWRR Cash transferred to vulnerable and affected households as much as practically possible before the year-end

4.1.3. (a) CBM Instruction or letter issued 13 Action Responsible Entity Indicator Plans # Goal 5: Promoting Innovative Products & Platforms

5.1. Promote Innovative Products

5.1.1. (a) CBM Merchants provided discounts to consumers that pay by mobile financial services before the year-end

5.1.1. (b) MoCOM, MOTC At least 30% of existing e-Commerce and social-Commerce sales only accept electronic money before the year-end

5.1.2. (a) MoCOM, MOTC At least 5~10 big retail businesses go online sales via e-Commerce or social-Commerce before the year-end

5.1.2. (b) MoCOM, MOTC At least 5 delivery/logistic businesses functioning before the year- end

5.1.2. (c) MoCOM, MOTC Central e-Commerce website developed before the year-end

5.1.2. (d) MoCOM, MOTC Challenge grants awarded to 5+ app developers 5+ apps developed and in use Goal 6: Healthcare Systems Strengthening

6.1. Promote Healthcare System through Increased Government Spending & Regulatory Reform

6.1.1. (a) MoHS, State and As many government premises as possible are turned into Region Governments quarantine centres before the year-end

6.1.1. (b) MoHS, State and As many additional medical staff as practicably possible are Region Governments recruited before the year-end

6.1.1. (c) MoHS, State and Regular disinfection started in as many quarantine centres as Region Governments practically possible

6.1.1. (d) MoHS, State and Provide adequate facilities, staff and equipment to as many Region Governments quarantine centres as practicably possible before the year-end

6.1.2. (a) MoHS Imports of COVID-19 related medical products increased as much as practicably possible before the year-end

6.1.3. (a) MoHS, MOE, MoSWRR, As many hand-washing stations as practicably possible are State and Region established at bus stops, railway stations, schools and public areas Governments before the year-end

6.1.3. (b) MoHS, State and As many disinfection teams as practicably possible are set up and Region Governments disinfection process functioning before the year-end

6.1.3. (c) MoHS, State and Mobile teams had been set up and masks distributed to as many Region Governments people as practicably possible before the year-end

6.1.3. (d) MoHS, State and Mobile teams had been set up for mass testing and as many people Region Governments as practicably possible tested by the mobile teams before the year- end

6.1.3. (e) State and Region At least 2 waste/wastewater management systems improved before Governments the year-end

6.1.4. (a) MoHS Recruited as many additional healthcare staff as practicably possible before the year-end.

6.1.4. (b) MoHS At least 50~80% of healthcare staff had been provided with adequate protective equipment before the year-end

6.1.5. (a) MoHS At least one existing laboratory upgraded before the year-end

6.1.5. (b) MoHS as many existing hospitals and healthcare centres as practicably possible had been upgraded before the year-end

6.1.5. (c) MoHS Generators provided to at least 10 specialized medical and associated facilities before the year end

6.1.5. (d) MoHS Power refrigeration provided to at least 10 specialized medical and associated facilities before the year end Goal 7: Increase Access to COVID-19 Response Financing (Including Contingency Funds)

7.1. Increase the COVID-19 Fund and Contingency Fund

7.1.1. (a) MoPFI The process of the budget reallocation started

7.1.2. (a) MoPFI Budget rules revised

7.1.2. (b) MoPFI Budget rules revised 14 Action Responsible Entity Indicator Plans #

7.1.3. (a) MoPFI, MIFER, DACU At least US$ 50~500 million in new concessional loan financing secured to assist Myanmar's fight against COVID-19. Several large grant financed initiatives launched to assist Myanmar's fight against COVID-19. The economic outcomes of key Action Plans and Actions contained within the Action Matrix are likely to be measurable only with a time lag of years. Thus, monitoring mechanisms shall focus primarily and in the immediate term on measurable outputs rather than outcomes. Outputs shall be measured by indicators attached to each Action Plan as listed in the Monitoring Matrix shown above. The performance of each government entity assigned to implement Action Plans shall also be monitored constantly based on these indicators. 15